Aarambha Microfinance to float an IPO worth Rs 2.94 crores; Sebon grants approval

Sindhupalchowk based D-class company, rambha microfinance will float an IPO worth Rs 2.94 crores among general public. The company will float 2.94 lakh units shares at a face value of Rs 100. 

Securities Board of Nepal has granted an approval for the proposed issue. NIC ASIA Capital has been appointed as the issue manager for the issue. 

Incorporated on 26th chaitra 2070 as a public limited comapny, this microfinance company has been operating from 15 districts.